Alert: Major Price Advance (6/24/24)-Digimarc Corp (NASDAQ: DMRC).

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On 6/24/24, Digimarc Corp (NASDAQ: DMRC) stock enjoyed a major increase of 10.1%, closing at $28.88. Moreover, this advance was accompanied by above average trading volume at 143% of normal. The stock has risen 3.1% during the last week but has been extremely weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, DMRC is expected to continue to be Value Creation neutral.

Digimarc has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Digimarc has a poor Power Rating of 28 and a very low Appreciation Score of 3, with the Lowest Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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